The Limited Times

Now you can see non-English news...

China produces dollar billionaires on the assembly line - a super-rich arrives almost every day

2021-10-27T09:13:52.098Z


The Chinese economy is still growing rapidly despite Corona. The boom is making many people rich. The country now spits out a new dollar billionaire almost every day.


The Chinese economy is still growing rapidly despite Corona.

The boom is making many people rich.

The country now spits out a new dollar billionaire almost every day.

Shanghai - China has an extra dollar billionaire almost every day, according to a report.

Their number rose last year by 307 to 1185, as emerged from the new rich list that the Shanghai magazine "Hurun" presented on Wednesday.

The country with the second largest economy now has five times more US dollar billionaires than ten years ago.

The richest Chinese is therefore the 67-year-old mineral water entrepreneur Zhong Shanshan with a fortune of 60.6 billion dollars.

The 38-year-old founder of the Tiktok video platform, Zhang Yiming, now ranks second with $ 52.8 billion.

He is followed by the head of the car battery manufacturer CATL, Zeng Yuqun.

The 53-year-old was able to triple his fortune to $ 47.4 billion.

Internet giant Tencent's boss, Pony Ma (50), slipped to fourth place.

Similarly, Alibaba founder Jack Ma (57) landed in fifth place.

Against the background of the crisis in the housing market in China, for the first time no real estate entrepreneur is in the top ten places.

The founder of the highly indebted real estate giant Evergrande, Xu Jiayin, who headed the list in 2017, fell from fifth place in the previous year to 70th with only 11.3 billion dollars.

(Dpa)

Source: merkur

All news articles on 2021-10-27

You may like

Business 2024-03-17T05:17:29.829Z
Business 2024-04-06T04:26:05.091Z

Trends 24h

News/Politics 2024-04-18T20:25:41.926Z

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.